This version of SecretStar performs on a live account since December 2016. Trading based upon very high or very low price level. My trading could be defined as "Contrarian" but not necessarily as conter trend ( Depend of the time frame). I have been working on this strategy for several years and I have automated it. However, I always keep an eye on the open trades, and especially during high-level economic announcements.
Some very important tips about money management :
Thos strategy has realised 100% in 2017 with a 15% DD. ( Lots size was 0.01 for 300$, 0.02 for 600$,0.03 for 900$,etc..) With very good month( around 20%) and bad month(-8%)
The stop loss( From 50 pips to 200 pips) is there only to preserve the account, you can check on my stats to get a more correct idea of average losses. (-32 pips on average,it Means 0.9%-1% risked on a single trade)
For your money management, you have two solutions :
Use 0.01 lot sizes of 0.01 per 300$
Average losses( 32 pips) will give.

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This version of SecretStar performs on a live account since December 2016. Trading based upon very high or very low price level. My trading could be defined as "Contrarian" but not necessarily as conter trend ( Depend of the time frame). I have been working on this strategy for several years and I have automated it. However, I always keep an eye on the open trades, and especially during high-level economic announcements.
Some very important tips about money management :
Thos strategy has realised 100% in 2017 with a 15% DD. ( Lots size was 0.01 for 300$, 0.02 for 600$,0.03 for 900$,etc..) With very good month( around 20%) and bad month(-8%)
The stop loss( From 50 pips to 200 pips) is there only to preserve the account, you can check on my stats to get a more correct idea of average losses. (-32 pips on average,it Means 0.9%-1% risked on a single trade)
For your money management, you have two solutions :
Use 0.01 lot sizes of 0.01 per 300$
Average losses( 32 pips) will give you a 1 % DD
if a stoploss is reached.You will have a 6 % DD
OR
Use 0.01 lot sizes of 0.01 per 1000 $
Average losses( 32 pips) will give you a 0,32 % DD
if a stoploss is reached.You will have a 2 % DD
Think long term.
Cheers